Kotak Mahindra Share Price Target : The major private lender's stock, which declined almost 10 per cent in the past six months, could present opportunities for investors or traders in the future, as it remains on analysts’ radar. The bank has faced several headwinds in the past, including management transitions, an RBI embargo on unsecured loans, stress in microfinance (MFI) asset quality, and slower growth due to macroeconomic pressures and high competition. Analysts at global brokerage Morgan Stanley have maintained their ‘Overweight’ rating on Kotak Mahindra Bank, expecting a potential gain of 30 per cent over the long term, citing signs of a turnaround after a challenging period.
Why Morgan Stanley is bullish on Kotak Mahindra Bank? The brokerage noted that the private lender i